Zumiez Inc. said its normalized net income for the fiscal fourth quarter ended Jan. 28 came to 76 cents per share, compared with the S&P Capital IQ consensus estimate of 67 cents per share.
EPS rose 23.0% year over year from 62 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $18.8 million, an increase of 15.9% from $16.2 million in the prior-year period.
The normalized profit margin climbed to 7.1% from 6.7% in the year-earlier period.
Total revenue grew 8.7% on an annual basis to $263.6 million from $242.4 million, and total operating expenses increased 8.2% on an annual basis to $233.8 million from $216.0 million.
Reported net income rose 36.7% on an annual basis to $18.2 million, or 74 cents per share, from $13.3 million, or 50 cents per share.
For the year, the company's normalized net income totaled $1.06 per share, compared with the S&P Capital IQ consensus normalized EPS estimate of 98 cents.
EPS declined 5.0% from $1.11 in the prior year.
Normalized net income was $26.3 million, a fall of 14.5% from $30.8 million in the prior year.
Full-year total revenue grew on an annual basis to $836.3 million from $804.2 million, and total operating expenses increased 5.3% on an annual basis to $794.6 million from $754.6 million.
The company said reported net income totaled $25.9 million, or $1.04 per share, in the full year, compared with $28.8 million, or $1.04 per share, the prior year.